Tag Archives: elon musk

Diversified holding company Bit Nile Holdings, Inc. is creating a whole new division called Bit Nile Mining Solutions that will focus on self-mining bitcoin. Bit Nile Looks to Be a Crypto Mining Solution for All The company is looking to establish partnerships with assorted crypto and blockchain firms such as Bitmain so it can engage in all aspects of crypto mining such as the distribution of equipment, hosting and managing electrical power, repairing miners and...

No matter how bad the price gets, Elon Musk – the famed South African billionaire behind companies such as Tesla and SpaceX – says he will not sell his digital currency. Elon Musk Loves His Bitcoins The price of bitcoin has experienced some rather rough fluctuations throughout the first few months of 2022. The currency had hit a new all-time high in November of last year, exploding all the way to $68,000 per unit. Unfortunately, while everyone thought for sure that the...

Earlier this week, the President of the Chechen Republic – Ramzan Kadyrov – advised Elon Musk not to measure his strength against Vladimir Putin. Kadyrov went further, ironically calling Tesla’s CEO – Elona (the female version of his name). As it goes with the nature of the crypto community, scammers created over 30 tokens containing the name Elona in just a few days. Pre-History of the Twitter Dispute The world’s richest man – Elon Musk – displayed his support towards...

There are plenty of people out there who don’t like bitcoin. No matter how strong the cryptocurrency becomes, no matter how big it gets or how many people use it, there will always be individuals who don’t believe in the asset’s abilities. As it turns out, one of those people is Bill Gates, the co-founder of tech giant Microsoft. Bill Gates Isn’t Crazy About BTC While Gates is not necessarily anti-crypto, he recently gave an interview discussing how risky it was, and he...

The Advertising Standards Authority (ASA) in the United Kingdom has banned an advertising campaign for the new altcoin Floki Inu, a derivative of the popular Shiba Inu altcoin which, in turn, stems from the popular digital meme currency Dogecoin. In other words, the ASA has a problem with Doge’s grandchild. The ASA Takes Aim at Floki Inu Floki Inu is named after Floki, the little Shiba Inu pup of South African billionaire and entrepreneur Elon Musk. Primarily known for...

Despite heavy calls from environmentalists to end the practice, it doesn’t look like crypto mining is leaving us anytime soon. In fact, it appears that the space is going to get even bigger in the coming years. Crypto Mining Continues to Expand There is a widespread desire for digital assets, and as this desire grows, miners are being asked to place more units into circulation. Thus, crypto mining is still very much in style, and so long as people continue to demand...

Tesla is now accepting Dogecoin payments for merchandise. The news was made official late last week when billionaire CEO Elon Musk announced the company’s decision on Twitter. Dogecoin Is a Powerhouse Cryptocurrency Dogecoin’s price has since shot up by more than 12 percent. As it stands, not all items are subjectable to Dogecoin purchases. Thus far, the only two items that users can purchase with Doge are Tesla-brand belt buckles and all-terrain vehicles for children,...

Elon Musk seems to think he knows who Satoshi Nakamoto is. Nakamoto is the pseudonym of the alleged creator of bitcoin, the world’s number one digital currency by market cap, and according to Musk, everything points to Nick Szabo – a computer scientist and legal scholar. Elon Musk Suggests Nick Szabo as a Nakamoto Potential The legend of Nakamoto has grown heavily over the years. Many people have contemplated who it could be, and there have been many guesses and even...

As mentioned in an earlier article today, bitcoin had a big year in 2021. The asset itself and several other forms of cryptocurrency experienced many major developments and there were a lot of things revolving around the world of crypto throughout the past 12 months. How Was the Bitcoin Price Throughout the Year? But those were specific stories. It’s now time to look at bitcoin’s actual price movements throughout the year to see what patterns its followed and to better...

Elon Musk has come out in support of Dogecoin once again. This time, he’s saying it’s superior to bitcoin primarily because all the latter has done is give power to new rich people. Elon Musk On Why He Supports Doge Musk has long been a proponent of Dogecoin. He has referred to it as the “people’s coin” and at one point, was in line to become the newest CEO of the asset. This later turned out to be internet fluff, though it sure had investors going. In a recent...